Norfolk, ON
8 - 28 ARGYLE Street
$1,950,000
Data last updated Oct 30, 2026, 6:40 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,950,000
- Type
- commercial retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 13,125 sq ft
- MLS®
- X14082996
- Status
- active
- Brokerage
- COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
About this home
HUGE INVESTMENT OPPORTUNITY - FULLY LEASED COMMERCIAL PLAZA in the Heart of the Simcoe's downtown core! Position yourself for success with this outstanding investment opportunity. 10.5% Cap Rate. This 13,125 sq. ft. commercial plaza is fully leased with 8 UNITS, providing an established rental income in a prime, highly visible area surrounded by professional offices, banks, and Simcoe's park system. This location offers high foot traffic and excellent street exposure with easy accessibility. Free public parking is conveniently located on the next block and street parking is available on both sides of Argyle St. As you can see this building has been meticulously maintained. Recent expenditures and updates have included all new cement sidewalks, steps and railings - 2026. Rooftop HVAC units - 2021 - 2024, and a complete roof replacement in 2018. The work has been done! This property provides an excellent opportunity for investors seeking a commercial property in a central business location with an established occupancy to provide them with a fluid income flow for years to come.
Location
More details
- Property tax
- $48,108 (2025)
- Days on market
- 16
- Style
- Multi-Use
- Lot
- 165.5 × 103.27 Feet
- Parking
- None
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Neighbourhood
- Simcoe
- Major intersection
- Norfolk St. S. and Argyle St.
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.